Marathon Digital Holdings, Inc. (MARA)

NASDAQ: MARA · IEX Real-Time Price · USD
31.27
+0.96 (3.17%)
Feb 28, 2024, 2:28 PM EST - Market open
3.17%
Market Cap 7.03B
Revenue (ttm) 259.16M
Net Income (ttm) -371.06M
Shares Out 222.62M
EPS (ttm) -3.32
PE Ratio n/a
Forward PE 2,666.68
Dividend n/a
Ex-Dividend Date n/a
Volume 139,260,062
Open 32.30
Previous Close 30.31
Day's Range 29.47 - 34.09
52-Week Range 5.13 - 34.09
Beta 5.45
Analysts Buy
Price Target 15.76 (-49.44%)
Earnings Date Feb 28, 2024

About MARA

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the blockchain ecosystem and the generation of digital assets in United States. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida. [Read more]

Industry Capital Markets
Sector Financials
Founded 2010
Employees 30
Stock Exchange NASDAQ
Ticker Symbol MARA
Full Company Profile

Financial Performance

In 2022, MARA's revenue was $117.75 million, a decrease of -26.02% compared to the previous year's $159.16 million. Losses were -$686.74 million, 1751.3% more than in 2021.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MARA stock is "Buy." The 12-month stock price forecast is $15.76, which is a decrease of -49.44% from the latest price.

Price Target
$15.76
(-49.44% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Bitcoin-related stocks, ETFs rise as the crypto approaches new record high

Bitcoin-related stocks and funds rose on Tuesday, as the cryptocurrency's price climbed above $57,000 to the highest level seen since it hit an all-time high in November 2021.

22 hours ago - Market Watch

Are MARA, CLSK, BITF, and RIOT stocks good buys ahead of halving?

Bitcoin mining stocks are having a great week as the coin's price has gone parabolic. Marathon Digital (MARA) shares jumped by more than 20% on Monday and is slowly nearing its highest point in Decemb...

Other symbols: BITFCLSKRIOT
1 day ago - Invezz

OrdinalsBot Mints Full BRC-20 Token Supply in a Single Bitcoin Transaction with Marathon Digital Holdings

LONDON--(BUSINESS WIRE)--OrdinalsBot has minted the full supply of a BRC-20 token in a single Bitcoin transaction via Slipstream.

4 days ago - Business Wire

Marathon Digital Holdings Launches Slipstream

New Direct Transaction Submission Service Designed To Streamline Confirmations for Large or Non-Standard Bitcoin Transactions Fort Lauderdale, FL, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Ho...

5 days ago - GlobeNewsWire

Bitcoin's soaring rally lifts several crypto-stocks

After the launch of close to a dozen Bitcoin spot ETFs proved to be a sell-the-news event for the popular cryptocurrency, the price of Bitcoin has recovered and surged to a two-year high.

Other symbols: COINGBTCMSTRRIOT
12 days ago - MarketBeat

Marathon Digital Holdings Schedules Conference Call for Fourth Quarter and Fiscal Year 2023 Financial Results

Earnings Webcast and Conference Call Set for Wednesday, February 28, 2024 at 5:00 p.m. ET Fort Lauderdale, FL, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marat...

13 days ago - GlobeNewsWire

Marathon Digital Holdings To Assume Full Operational Control of Its Recently Acquired Bitcoin Mining Sites

Fort Lauderdale, FL , Feb. 01, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has entere...

27 days ago - GlobeNewsWire

Bitcoin mining stocks outlook for 2024

Bitcoin mining stocks have had a difficult start of the year, with most of them crashing by double-digits. Marathon Digital (MARA), Riot Platforms (RIOT), Bitfarms (BITF), CleanSpark (CLSK), and Ciphe...

Other symbols: BITFCIFRCLSKRIOT
4 weeks ago - Invezz

Here's why BITF, CLSK, and MARA stocks are flying

Bitcoin mining stocks recharged on Friday, becoming some of the best performers in Wall Street. Marathon Digital (MARA) stock surged by more than 12% while Bitfarms (BITF) and Cleanspark (CLSK) surged...

Other symbols: BITFCLSK
4 weeks ago - Invezz

Could Marathon Digital Holdings stock (MARA) establish support at $16?

Marathon Digital Holdings Inc. (NASDAQ:MARA) gained 0.37% on Friday. As the stock surged on Friday, traded volumes also increased.

5 weeks ago - Invezz

Why Marathon Digital's stock screams ‘buy,' according to this new bull

The recent launch of spot bitcoin ETFs appears to have driven some fund flows away from bitcoin mining stocks, according to a BTIG analyst, but he now sees plenty of shine in shares of Marathon Digita...

6 weeks ago - Market Watch

Here's why are MARA, BETS, RIOT, HUT stocks plunging

Bitcoin mining stocks are in a freefall. Marathon Digital (MARA) stick price is on track for the third straight weekly decline even after the SEC approved a spot Bitcoin ETF.

Other symbols: BETSHUTRIOT
6 weeks ago - Invezz

Will these crypto stocks get a boost from new Bitcoin ETFs?

Are Bitcoin-related stocks like Coinbase Global Inc. NASDAQ: COIN, MicroStrategy Inc. NASDAQ: MSTR, Marathon Digital Holdings Inc. NASDAQ: MARA and Riot Platforms Inc. NASDAQ: RIOT set to rise now tha...

Other symbols: COINGBTCMSTRRIOT
6 weeks ago - MarketBeat

Bitcoin likely to hit new all-time high in 2024, Marathon Digital CEO says

Fred Thiel, CEO of bitcoin miner Marathon Digital Holdings, discusses the upcoming "halving" event and what it, along with a potential ETF approval in the U.S., means for the crypto market.

7 weeks ago - CNBC International TV

Is it safe to buy RIOT, MARA, HUT, CIFR stocks after the BTC ETF decision?

Bitcoin mining stocks are under pressure as the spot Bitcoin drama continues. Most of them have remained in a tight range this week.

Other symbols: CIFRHUTRIOT
7 weeks ago - Invezz

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for December 2023

- Record BTC Production of 1,853 BTC in December and 12,852 BTC in 2023 - Increased Average Operational Hash Rate 18% M/M to 22.4 EH/s - BTC Holdings Now Over 15,000, Total Cash & BTC of $1.0B as of D...

7 weeks ago - GlobeNewsWire

Marathon Digital's stock surges as bitcoin jumps above $45,000

Shares of Marathon Digital Holdings Inc. MARA, +10.69% shot up 10.6% in morning trading Tuesday, as the cryptocurrency miner benefited from bitcoin's BTCUSD, +4.41% surged above the $45,000 level for ...

2 months ago - Market Watch

Why investors should be wary of New Year ‘head fakes' that may be pointing at this asset class

The first trading day of the New Year is setting up as a challenge to the Santa Rally theory, as stock index futures tilt south and bond yields rise.

2 months ago - Market Watch

Crypto miner Marathon Digital's shares fall nearly 18%, on pace for worst day since January

Shares of crypto miner Marathon Digital Holdings fell nearly 18% to as low as $23.07 on Friday afternoon, putting the stock on pace for its worst day since Jan. 18 after logging an impressive rally ea...

2 months ago - Market Watch

Marathon Digital's stock reverses lower, is in danger of snapping record-long win streak

Shares of Marathon Digital Holdings Inc. MARA, +15.24% reversed course to fall 7.1% in premarket trading, to put them in danger of snapping a record-long win streak, as bitcoin BTCUSD, -1.27% also tur...

2 months ago - Market Watch

Crypto-Related Company Stocks Jump as Digital Currency Rally Continues

Stocks related to the cryptocurrency industry advanced Wednesday as Bitcoin (BTC) and most other digital currencies continued their recent rally.

Other symbols: COINRIOT
2 months ago - Investopedia

Marathon Digital's stock more than doubles during record 11-day win streak

Shares of Marathon Digital Holdings Inc. MARA, +11.31% charged up 11.5% in midday trading Wednesday, to put them on track to extend their record win streak. The cryptocurrency miner's stock has run up...

2 months ago - Market Watch

Bitcoin's 2023 rally drove some of the stock market's biggest gains this year

Shares of Marathon Digital, Coinbase, MicroStrategy and the Grayscale Bitcoin Trust all jumped more than 300% in 2023, double the gains in bitcoin

Other symbols: COINGBTCMSTR
2 months ago - CNBC

2024 could turn into a ‘trader's market.' Here's how this strategist says you can make the most of that.

The S&P 500 index SPX has three days left this year to try for a fresh record high, which in theory, shouldn't be so hard with a Santa Rally all but teed up.

2 months ago - Market Watch

Marathon Digital's stock rallies toward a record win streak, even as bitcoin falls

Shares of Marathon Digital Holdings Inc. MARA, +8.60% shot up 8.4% toward a 20-month high in midday trading Friday, to put them on track to extend their win streak to a record nine sessions. The crypt...

2 months ago - Market Watch